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A company paid $20 000 for one year's rent in advance on 1 January 2021. The tax base of the prepaid asset at 30 June
A company paid $20 000 for one year's rent in advance on 1 January 2021. The tax base of the prepaid asset at 30 June 2021, if the tax rate is 30 % would be:
a.
$20,000
b.
$10,000
c.
$6,000
d.
$0
e.
None of the above
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